| 1 | Vertex Pharmaceuticals Incorporated US92532F1003 | 🇺🇸 US | $128,2 Mrd. |
| 2 | Regeneron Pharmaceuticals, Inc. US75886F1075 | 🇺🇸 US | $76,0 Mrd. |
| 3 | Moderna, Inc. US60770K1079 | 🇺🇸 US | $75,2 Mrd. |
| 4 | CSL Limited AU000000CSL8 | 🇦🇺 AU | $58,4 Mrd. |
| 5 | BeOne Medicines Ltd. Class A CNE100005XT6 | 🇨🇳 CN | $57,1 Mrd. |
| 6 | argenx SE NL0010832176 | 🇧🇪 BE | $57,1 Mrd. |
| 7 | Lonza Group AG CH0013841017 | 🇨🇭 CH | $47,6 Mrd. |
| 8 | Samsung Biologics Co.,Ltd. KR7207940008 | 🇰🇷 KR | $46,4 Mrd. |
| 9 | UCB S.A. BE0003739530 | 🇧🇪 BE | $43,7 Mrd. |
| 10 | Revolution Medicines, Inc. US76155X1000 | 🇺🇸 US | $43,6 Mrd. |
| 11 | BeOne Medicines AG CH1391448177 | 🇭🇰 HK | $39,2 Mrd. |
| 12 | Celltrion, Inc. KR7068270008 | 🇰🇷 KR | $31,6 Mrd. |
| 13 | Alnylam Pharmaceuticals, Inc. US02043Q1076 | 🇺🇸 US | $29,3 Mrd. |
| 14 | WuXi Biologics (Cayman) Inc. KYG970081173 | 🇨🇳 CN | $28,5 Mrd. |
| 15 | Roivant Sciences Ltd. BMG762791017 | 🇺🇸 US | $25,7 Mrd. |
| 16 | Insmed Incorporated US4576693075 | 🇺🇸 US | $24,2 Mrd. |
| 17 | Incyte Corporation US45337C1027 | 🇺🇸 US | $23,1 Mrd. |
| 18 | United Therapeutics Corporation US91307C1027 | 🇺🇸 US | $23,1 Mrd. |
| 19 | Innovent Biologics, Inc. KYG4818G1010 | 🇨🇳 CN | $21,2 Mrd. |
| 20 | Genmab A/S DK0010272202 | 🇩🇰 DK | $20,8 Mrd. |
| 21 | Jazz Pharmaceuticals plc IE00B4Q5ZN47 | 🇺🇸 US | $14,9 Mrd. |
| 22 | Exelixis, Inc. US30161Q1040 | 🇺🇸 US | $14,6 Mrd. |
| 23 | Madrigal Pharmaceuticals, Inc. US5588681057 | 🇺🇸 US | $14,6 Mrd. |
| 24 | Neurocrine Biosciences, Inc. US64125C1099 | 🇺🇸 US | $14,5 Mrd. |
| 25 | Alteogen Inc. KR7196170005 | 🇰🇷 KR | $14,1 Mrd. |
| 26 | Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. CNE1000062J1 | 🇨🇳 CN | $14,0 Mrd. |
| 27 | BridgeBio Pharma, Inc. US10806X1028 | 🇺🇸 US | $13,2 Mrd. |
| 28 | Halozyme Therapeutics, Inc. US40637H1095 | 🇺🇸 US | $12,9 Mrd. |
| 29 | Akeso, Inc. KYG0146B1032 | 🇨🇳 CN | $12,5 Mrd. |
| 30 | Pharmaron Beijing Co., Ltd. CNE100003JW4 | 🇨🇳 CN | $12,3 Mrd. |
| 31 | Genscript Biotech Corporation KYG3825B1059 | 🇭🇰 HK | $12,2 Mrd. |
| 32 | 10x Genomics, Inc. US88025U1097 | 🇺🇸 US | $12,2 Mrd. |
| 33 | Twist Bioscience Corporation US90184D1000 | 🇺🇸 US | $11,8 Mrd. |
| 34 | Bio-Techne Corporation US09073M1045 | 🇺🇸 US | $11,3 Mrd. |
| 35 | BioMarin Pharmaceutical Inc. US09061G1013 | 🇺🇸 US | $11,0 Mrd. |
| 36 | ImmunityBio, Inc. US45256X1037 | 🇺🇸 US | $10,8 Mrd. |
| 37 | Kymera Therapeutics, Inc. US5015751044 | 🇺🇸 US | $10,5 Mrd. |
| 38 | Haisco Pharmaceutical Group Co., Ltd. CNE100001BC7 | 🇨🇳 CN | $10,4 Mrd. |
| 39 | Asymchem Laboratories (Tianjin) Co., Ltd. CNE100002BZ6 | 🇨🇳 CN | $10,0 Mrd. |
| 40 | RemeGen Co. Ltd. Class A CNE100005B03 | 🇨🇳 CN | $9,8 Mrd. |
| 41 | Sichuan Kelun Pharmaceutical Co., Ltd. Class A CNE100000PW7 | 🇨🇳 CN | $9,7 Mrd. |
| 42 | Krystal Biotech, Inc. US5011471027 | 🇺🇸 US | $9,5 Mrd. |
| 43 | Protagonist Therapeutics, Inc. US74366E1029 | 🇺🇸 US | $9,2 Mrd. |
| 44 | Axsome Therapeutics, Inc. US05464T1043 | 🇺🇸 US | $9,2 Mrd. |
| 45 | Arrowhead Pharmaceuticals, Inc. US04280A1007 | 🇺🇸 US | $9,2 Mrd. |
| 46 | Financière de Tubize S.A. BE0003823409 | 🇧🇪 BE | $8,7 Mrd. |
| 47 | Cytokinetics, Incorporated US23282W6057 | 🇺🇸 US | $8,7 Mrd. |
| 48 | Praxis Precision Medicines, Inc. US74006W2070 | 🇺🇸 US | $8,6 Mrd. |
| 49 | Vaxcyte, Inc. US92243G1085 | 🇺🇸 US | $8,2 Mrd. |
| 50 | Caris Life Sciences, Inc. US1421521071 | 🇺🇸 US | $8,0 Mrd. |
| 51 | Spyre Therapeutics, Inc. US00773J2024 | 🇺🇸 US | $7,9 Mrd. |
| 52 | TG Therapeutics, Inc. US88322Q1085 | 🇺🇸 US | $7,7 Mrd. |
| 53 | Abivax S.A. FR0012333284 | 🇫🇷 FR | $7,5 Mrd. |
| 54 | Shanghai Allist Pharmaceuticals Co., Ltd. CNE100005XJ7 | 🇨🇳 CN | $7,5 Mrd. |
| 55 | Hangzhou Tigermed Consulting Co., Ltd CNE100001KV8 | 🇨🇳 CN | $7,3 Mrd. |
| 56 | Ionis Pharmaceuticals, Inc. US4622221004 | 🇺🇸 US | $7,2 Mrd. |
| 57 | Bachem Holding AG CH1176493729 | 🇨🇭 CH | $7,2 Mrd. |
| 58 | Immunovant, Inc. US45258J1025 | 🇺🇸 US | $6,9 Mrd. |
| 59 | Samsung Epis Holdings KR70126Z0002 | 🇰🇷 KR | $6,7 Mrd. |
| 60 | ALK-Abelló A/S DK0061802139 | 🇩🇰 DK | $6,7 Mrd. |
| 61 | Iovance Biotherapeutics, Inc. US4622601007 | 🇺🇸 US | $6,4 Mrd. |
| 62 | Rhythm Pharmaceuticals, Inc. US76243J1051 | 🇺🇸 US | $6,4 Mrd. |
| 63 | Scholar Rock Holding Corporation US80706P1030 | 🇺🇸 US | $6,1 Mrd. |
| 64 | Ligand Pharmaceuticals Incorporated US53220K5048 | 🇺🇸 US | $6,1 Mrd. |
| 65 | CG Oncology Inc. US1569441009 | 🇺🇸 US | $5,9 Mrd. |
| 66 | Kodiak Sciences Inc. US50015M1099 | 🇺🇸 US | $5,9 Mrd. |
| 67 | Sunshine Guojian Pharmaceutical (Shanghai) Co., Ltd CNE1000062X2 | 🇨🇳 CN | $5,5 Mrd. |
| 68 | Shanghai Junshi Biosciences Co., Ltd. CNE1000041Z1 | 🇨🇳 CN | $5,4 Mrd. |
| 69 | CRISPR Therapeutics AG CH0334081137 | 🇺🇸 US | $5,3 Mrd. |
| 70 | Travere Therapeutics, Inc. US89422G1076 | 🇺🇸 US | $5,3 Mrd. |
| 71 | Oruka Therapeutics, Inc. US6876041087 | 🇺🇸 US | $5,3 Mrd. |
| 72 | Cogent Biosciences, Inc. US19240Q2012 | 🇺🇸 US | $5,3 Mrd. |
| 73 | PTC Therapeutics, Inc. US69366J2006 | 🇺🇸 US | $5,3 Mrd. |
| 74 | Mirum Pharmaceuticals, Inc. US6047491013 | 🇺🇸 US | $5,3 Mrd. |
| 75 | Shanghai RAAS Blood Products Co., Ltd. CNE100000C31 | 🇨🇳 CN | $5,2 Mrd. |
| 76 | RemeGen Co., Ltd. CNE1000048G6 | 🇨🇳 CN | $5,2 Mrd. |
| 77 | Beijing Wantai Biological Pharmacy Enterprise Co., Ltd. CNE100004090 | 🇨🇳 CN | $5,1 Mrd. |
| 78 | 3SBio Inc. KYG8875G1029 | 🇨🇳 CN | $5,1 Mrd. |
| 79 | Anthem Biosciences Ltd. INE0CZ201020 | 🇮🇳 IN | $5,0 Mrd. |
| 80 | Chongqing Zhifei Biological Products Co., Ltd. CNE100000V20 | 🇨🇳 CN | $5,0 Mrd. |
| 81 | Dianthus Therapeutics, Inc. US2528281080 | 🇺🇸 US | $4,9 Mrd. |
| 82 | Veradermics, Incorporated US9229671048 | 🇺🇸 US | $4,7 Mrd. |
| 83 | Erasca, Inc. US29479A1088 | 🇺🇸 US | $4,6 Mrd. |
| 84 | Adaptive Biotechnologies Corporation US00650F1093 | 🇺🇸 US | $4,5 Mrd. |
| 85 | Edgewise Therapeutics, Inc. US28036F1057 | 🇺🇸 US | $4,5 Mrd. |
| 86 | SK Biopharmaceuticals Co., Ltd. KR7326030004 | 🇰🇷 KR | $4,4 Mrd. |
| 87 | Suzhou Zelgen Biopharmaceuticals Co., Ltd. CNE100003RP1 | 🇨🇳 CN | $4,3 Mrd. |
| 88 | Changchun High-Tech Industries (Group) Inc. CNE0000007J8 | 🇨🇳 CN | $4,3 Mrd. |
| 89 | Definium Therapeutics, Inc. CA24477V1058 | 🇺🇸 US | $4,1 Mrd. |
| 90 | XtalPi Holdings Ltd KYG7S12M1051 | 🇨🇳 CN | $4,1 Mrd. |
| 91 | Shanghai Henlius Biotech, Inc. CNE100003N76 | 🇨🇳 CN | $4,1 Mrd. |
| 92 | HLB Co., Ltd. KR7028300002 | 🇰🇷 KR | $4,0 Mrd. |
| 93 | Celcuity Inc. US15102K1007 | 🇺🇸 US | $4,0 Mrd. |
| 94 | Caliway Biopharmaceuticals Co. L TW0006919004 | 🇹🇼 TW | $3,9 Mrd. |
| 95 | Relay Therapeutics, Inc. US75943R1023 | 🇺🇸 US | $3,8 Mrd. |
| 96 | Denali Therapeutics Inc. US24823R1059 | 🇺🇸 US | $3,7 Mrd. |
| 97 | Beijing Tiantan Biological Products Co., Ltd. CNE000000WF9 | 🇨🇳 CN | $3,7 Mrd. |
| 98 | Hualan Biological Engineering Inc. CNE000001JN8 | 🇨🇳 CN | $3,6 Mrd. |
| 99 | Camurus AB SE0007692850 | 🇸🇪 SE | $3,6 Mrd. |
| 100 | Telix Pharmaceuticals Limited AU000000TLX2 | 🇦🇺 AU | $3,6 Mrd. |
| 101 | Tango Therapeutics, Inc. US87583X1090 | 🇺🇸 US | $3,5 Mrd. |
| 102 | Viking Therapeutics, Inc. US92686J1060 | 🇺🇸 US | $3,5 Mrd. |
| 103 | IDEAYA Biosciences, Inc. US45166A1025 | 🇺🇸 US | $3,4 Mrd. |
| 104 | Acadia Pharmaceuticals Inc. US0042251084 | 🇺🇸 US | $3,4 Mrd. |
| 105 | Arcutis Biotherapeutics, Inc. US03969K1088 | 🇺🇸 US | $3,3 Mrd. |
| 106 | Xiamen Amoytop Biotech Co., Ltd. CNE100003RT3 | 🇨🇳 CN | $3,2 Mrd. |
| 107 | Tarsus Pharmaceuticals, Inc. US87650L1035 | 🇺🇸 US | $3,2 Mrd. |
| 108 | Hebei Changshan Biochemical Pharmaceutical Co., Ltd. CNE1000016C2 | 🇨🇳 CN | $3,1 Mrd. |
| 109 | Enliven Therapeutics, Inc. US29337E1029 | 🇺🇸 US | $3,1 Mrd. |
| 110 | Amylyx Pharmaceuticals, Inc. US03237H1014 | 🇺🇸 US | $3,1 Mrd. |
| 111 | Arcus Biosciences, Inc. US03969F1093 | 🇺🇸 US | $3,1 Mrd. |
| 112 | InnoCare Pharma Limited KYG4783B1032 | 🇨🇳 CN | $3,1 Mrd. |
| 113 | Precigen, Inc. US74017N1054 | 🇺🇸 US | $3,0 Mrd. |
| 114 | Oxford Nanopore Technologies plc GB00BP6S8Z30 | 🇬🇧 GB | $2,9 Mrd. |
| 115 | NewAmsterdam Pharma Company N.V. NL00150012L7 | 🇺🇸 US | $2,9 Mrd. |
| 116 | Keymed Biosciences Inc. KYG5252B1023 | 🇨🇳 CN | $2,8 Mrd. |
| 117 | Zealand Pharma A/S DK0060257814 | 🇩🇰 DK | $2,8 Mrd. |
| 118 | Zai Lab Limited KYG9887T1168 | 🇨🇳 CN | $2,8 Mrd. |
| 119 | MBX Biosciences, Inc. Common Stock US55287L1017 | 🇺🇸 US | $2,8 Mrd. |
| 120 | BioArctic AB SE0010323311 | 🇸🇪 SE | $2,7 Mrd. |
| 121 | Beam Therapeutics Inc. US07373V1052 | 🇺🇸 US | $2,6 Mrd. |
| 122 | Nurix Therapeutics, Inc. US67080M1036 | 🇺🇸 US | $2,6 Mrd. |
| 123 | Dyne Therapeutics, Inc. US26818M1080 | 🇺🇸 US | $2,5 Mrd. |
| 124 | Disc Medicine, Inc. US2546041011 | 🇺🇸 US | $2,5 Mrd. |
| 125 | Bavarian Nordic A/S DK0015998017 | 🇩🇰 DK | $2,5 Mrd. |
| 126 | Celldex Therapeutics, Inc. US15117B2025 | 🇺🇸 US | $2,5 Mrd. |
| 127 | Immunome, Inc. US45257U1088 | 🇺🇸 US | $2,4 Mrd. |
| 128 | Harmony Biosciences Holdings, Inc. US4131971040 | 🇺🇸 US | $2,3 Mrd. |
| 129 | LigaChem Biosciences Inc. KR7141080002 | 🇰🇷 KR | $2,2 Mrd. |
| 130 | Duality Biotherapeutics, Inc. KYG2929M1087 | 🇨🇳 CN | $2,2 Mrd. |
| 131 | Peptron, Inc. KR7087010005 | 🇰🇷 KR | $2,2 Mrd. |
| 132 | Maravai LifeSciences Holdings, Inc. US56600D1072 | 🇺🇸 US | $2,2 Mrd. |
| 133 | SELLAS Life Sciences Group, Inc. US81642T2096 | 🇺🇸 US | $2,2 Mrd. |
| 134 | ADMA Biologics, Inc. US0008991046 | 🇺🇸 US | $2,2 Mrd. |
| 135 | Recursion Pharmaceuticals, Inc. US75629V1044 | 🇺🇸 US | $2,2 Mrd. |
| 136 | Vera Therapeutics, Inc. US92337R1014 | 🇺🇸 US | $2,2 Mrd. |
| 137 | Trevi Therapeutics, Inc. US89532M1018 | 🇺🇸 US | $2,2 Mrd. |
| 138 | Anhui Anke Biotechnology (Group) Co., Ltd. CNE100000GY2 | 🇨🇳 CN | $2,1 Mrd. |
| 139 | ABL Bio Inc. KR7298380007 | 🇰🇷 KR | $2,1 Mrd. |
| 140 | SK bioscience Co.,Ltd. KR7302440003 | 🇰🇷 KR | $2,1 Mrd. |
| 141 | Viridian Therapeutics, Inc. US92790C1045 | 🇺🇸 US | $2,1 Mrd. |
| 142 | UroGen Pharma Ltd. IL0011407140 | 🇺🇸 US | $2,1 Mrd. |
| 143 | BioCryst Pharmaceuticals, Inc. US09058V1035 | 🇺🇸 US | $2,1 Mrd. |
| 144 | Vericel Corporation US92346J1088 | 🇺🇸 US | $2,0 Mrd. |
| 145 | Alamar Biosciences, Inc. US0109111056 | 🇺🇸 US | $2,0 Mrd. |
| 146 | Mineralys Therapeutics, Inc. US6031701013 | 🇺🇸 US | $2,0 Mrd. |
| 147 | Voronoi, Inc. KR7310210000 | 🇰🇷 KR | $2,0 Mrd. |
| 148 | Biohaven Ltd. VGG1110E1079 | 🇺🇸 US | $1,9 Mrd. |
| 149 | OliX Pharmaceuticals,Inc KR7226950004 | 🇰🇷 KR | $1,9 Mrd. |
| 150 | Palvella Therapeutics, Inc. US6979471090 | 🇺🇸 US | $1,9 Mrd. |
| 151 | Agios Pharmaceuticals, Inc. US00847X1046 | 🇺🇸 US | $1,9 Mrd. |
| 152 | Genus plc GB0002074580 | 🇬🇧 GB | $1,9 Mrd. |
| 153 | Fortrea Holdings Inc. US34965K1079 | 🇺🇸 US | $1,9 Mrd. |
| 154 | Xencor, Inc. US98401F1057 | 🇺🇸 US | $1,9 Mrd. |
| 155 | Vir Biotechnology, Inc. US92764N1028 | 🇺🇸 US | $1,9 Mrd. |
| 156 | Jinyu Bio-technology Co., Ltd. CNE000000Y37 | 🇨🇳 CN | $1,9 Mrd. |
| 157 | Sarepta Therapeutics, Inc. US8036071004 | 🇺🇸 US | $1,8 Mrd. |
| 158 | Mesoblast Limited AU000000MSB8 | 🇦🇺 AU | $1,8 Mrd. |
| 159 | Zymeworks Inc. US98985Y1082 | 🇺🇸 US | $1,8 Mrd. |
| 160 | Pell Bio-Med Technology Co., Ltd. TW0006949001 | 🇹🇼 TW | $1,8 Mrd. |
| 161 | Onesource Specialty Pharma Ltd. INE013P01021 | 🇮🇳 IN | $1,8 Mrd. |
| 162 | Nuvation Bio Inc. US67080N1019 | 🇺🇸 US | $1,8 Mrd. |
| 163 | Neuren Pharmaceuticals Limited NZNEUE0001S8 | 🇦🇺 AU | $1,8 Mrd. |
| 164 | Zenas BioPharma, Inc. US98937L1052 | 🇺🇸 US | $1,8 Mrd. |
| 165 | Generate Biomedicines, Inc. US3709201004 | 🇺🇸 US | $1,8 Mrd. |
| 166 | Absci Corporation US00091E1091 | 🇺🇸 US | $1,7 Mrd. |
| 167 | Novavax, Inc. US6700024010 | 🇺🇸 US | $1,7 Mrd. |
| 168 | Taysha Gene Therapies, Inc. US8776191061 | 🇺🇸 US | $1,7 Mrd. |
| 169 | Septerna Inc US81734D1046 | 🇺🇸 US | $1,7 Mrd. |
| 170 | Hugel, Inc. KR7145020004 | 🇰🇷 KR | $1,7 Mrd. |
| 171 | Stoke Therapeutics, Inc. US86150R1077 | 🇺🇸 US | $1,7 Mrd. |
| 172 | PYC Therapeutics Limited AU000000PYC7 | 🇦🇺 AU | $1,7 Mrd. |
| 173 | Intellia Therapeutics, Inc. US45826J1051 | 🇺🇸 US | $1,6 Mrd. |
| 174 | Xeris Biopharma Holdings, Inc. US98422E1038 | 🇺🇸 US | $1,6 Mrd. |
| 175 | Syndax Pharmaceuticals, Inc. US87164F1057 | 🇺🇸 US | $1,6 Mrd. |
| 176 | Ocular Therapeutix, Inc. US67576A1007 | 🇺🇸 US | $1,6 Mrd. |
| 177 | Maze Therapeutics, Inc. US5787841007 | 🇺🇸 US | $1,6 Mrd. |
| 178 | uniQure N.V. NL0010696654 | 🇺🇸 US | $1,6 Mrd. |
| 179 | Ultragenyx Pharmaceutical Inc. US90400D1081 | 🇺🇸 US | $1,6 Mrd. |
| 180 | Rapport Therapeutics, Inc. Common Stock US75383L1026 | 🇺🇸 US | $1,5 Mrd. |
| 181 | GH Research PLC IE000GID8VI0 | 🇺🇸 US | $1,5 Mrd. |
| 182 | Inhibrx Biosciences Inc. US45720N1037 | 🇺🇸 US | $1,5 Mrd. |
| 183 | Innoviva, Inc. US45781M1018 | 🇺🇸 US | $1,5 Mrd. |
| 184 | Nektar Therapeutics US6402683063 | 🇺🇸 US | $1,4 Mrd. |
| 185 | HBM Holdings Limited KYG4403H1002 | 🇨🇳 CN | $1,4 Mrd. |
| 186 | AnaptysBio, Inc. US0327241065 | 🇺🇸 US | $1,4 Mrd. |
| 187 | D&D Pharmatech KR7347850000 | 🇰🇷 KR | $1,4 Mrd. |
| 188 | Pharma Mar, S.A. ES0169501022 | 🇪🇸 ES | $1,4 Mrd. |
| 189 | Ascentage Pharma Group International KYG0519B1023 | 🇨🇳 CN | $1,4 Mrd. |
| 190 | Kardigan, Inc. US4859251013 | 🇺🇸 US | $1,4 Mrd. |
| 191 | Idorsia Ltd CH0363463438 | 🇨🇭 CH | $1,4 Mrd. |
| 192 | Tyra Biosciences, Inc. US90240B1061 | 🇺🇸 US | $1,3 Mrd. |
| 193 | ArriVent BioPharma, Inc. US04272N1028 | 🇺🇸 US | $1,3 Mrd. |
| 194 | Omeros Corporation US6821431029 | 🇺🇸 US | $1,3 Mrd. |
| 195 | ORIC Pharmaceuticals, Inc. US68622P1093 | 🇺🇸 US | $1,3 Mrd. |
| 196 | Nanjing Leads Biolabs Co Ltd CNE1000070H8 | 🇨🇳 CN | $1,3 Mrd. |
| 197 | Replimune Group, Inc. US76029N1063 | 🇺🇸 US | $1,3 Mrd. |
| 198 | Damora Therapeutics, Inc. KYG2646Y1044 | 🇺🇸 US | $1,3 Mrd. |
| 199 | Nanobiotix S.A. FR0011341205 | 🇫🇷 FR | $1,3 Mrd. |
| 200 | Avalyn Pharma Inc. Common Stock US05348Y1055 | 🇺🇸 US | $1,2 Mrd. |
| 201 | Savara Inc. US8051111016 | 🇺🇸 US | $1,2 Mrd. |
| 202 | Bicara Therapeutics Inc. Common Stock US0554771032 | 🇺🇸 US | $1,2 Mrd. |
| 203 | First Tracks Biotherapeutics Inc US3371851029 | 🇺🇸 US | $1,2 Mrd. |
| 204 | MannKind Corporation US56400P7069 | 🇺🇸 US | $1,2 Mrd. |
| 205 | GNI Group Ltd. JP3386370005 | 🇯🇵 JP | $1,2 Mrd. |
| 206 | LB Pharmaceuticals Inc Common Stock US50180M1080 | 🇺🇸 US | $1,1 Mrd. |
| 207 | CStone Pharmaceuticals KYG2588M1006 | 🇨🇳 CN | $1,1 Mrd. |
| 208 | CanSino Biologics Inc. CNE100003F01 | 🇨🇳 CN | $1,1 Mrd. |
| 209 | Everest Medicines Limited KYG3224E1061 | 🇨🇳 CN | $1,1 Mrd. |
| 210 | Ascletis Pharma Inc. KYG0520K1094 | 🇭🇰 HK | $1,1 Mrd. |
| 211 | Janux Therapeutics, Inc. US47103J1051 | 🇺🇸 US | $1,1 Mrd. |
| 212 | Kailera Therapeutics, Inc. US4829311020 | 🇺🇸 US | $1,1 Mrd. |
| 213 | Alto Neuroscience, Inc. US02157Q1094 | 🇺🇸 US | $1,1 Mrd. |
| 214 | Aktis Oncology, Inc. US01021M1045 | 🇺🇸 US | $1,0 Mrd. |
| 215 | Alphamab Oncology KYG0330A1013 | 🇨🇳 CN | $1,0 Mrd. |
| 216 | Vor Biopharma Inc. US9290332074 | 🇺🇸 US | $1,0 Mrd. |
| 217 | Corvus Pharmaceuticals, Inc. US2210151005 | 🇺🇸 US | $1,0 Mrd. |
| 218 | Basilea Pharmaceutica AG CH0011432447 | 🇨🇭 CH | $997 Mio. |
| 219 | MeiraGTx Holdings plc KYG596651029 | 🇺🇸 US | $986 Mio. |
| 220 | Seaport Therapeutics, Inc. Common Stock US81221K1088 | 🇺🇸 US | $986 Mio. |
| 221 | Solid Biosciences Inc. US83422E2046 | 🇺🇸 US | $984 Mio. |
| 222 | 4D Molecular Therapeutics, Inc. US35104E1001 | 🇺🇸 US | $961 Mio. |
| 223 | Cullinan Therapeutics, Inc. US2300311063 | 🇺🇸 US | $954 Mio. |
| 224 | Kura Oncology, Inc. US50127T1097 | 🇺🇸 US | $946 Mio. |
| 225 | Hemab Therapeutics Holdings, Inc. Common Stock US4234941031 | 🇺🇸 US | $937 Mio. |
| 226 | Lepu Biopharma Co., Ltd. CNE100004SM4 | 🇨🇳 CN | $931 Mio. |
| 227 | MedinCell S.A. FR0004065605 | 🇫🇷 FR | $897 Mio. |
| 228 | Monte Rosa Therapeutics, Inc. US61225M1027 | 🇺🇸 US | $895 Mio. |
| 229 | Arbutus Biopharma Corp CA03879J1003 | 🇺🇸 US | $879 Mio. |
| 230 | PeptiDream Inc. JP3836750004 | 🇯🇵 JP | $876 Mio. |
| 231 | Parabilis Medicines, Inc. US6989551014 | 🇺🇸 US | $875 Mio. |
| 232 | CARsgen Therapeutics Holdings Limited KYG1996C1006 | 🇨🇳 CN | $875 Mio. |
| 233 | Alumis Inc. US0223071020 | 🇺🇸 US | $875 Mio. |
| 234 | Rigel Pharmaceuticals, Inc. US7665597024 | 🇺🇸 US | $874 Mio. |
| 235 | Shattuck Labs, Inc. US82024L1035 | 🇺🇸 US | $873 Mio. |
| 236 | Oxford Biomedica plc GB00BDFBVT43 | 🇬🇧 GB | $871 Mio. |
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| 239 | Sana Biotechnology, Inc. US7995661045 | 🇺🇸 US | $854 Mio. |
| 240 | MoonLake Immunotherapeutics KY61559X1045 | 🇺🇸 US | $843 Mio. |
| 241 | Annexon, Inc. US03589W1027 | 🇺🇸 US | $842 Mio. |
| 242 | SpyGlass Pharma, Inc. Common Stock US85220G1094 | 🇺🇸 US | $833 Mio. |
| 243 | Ardelyx, Inc. US0396971071 | 🇺🇸 US | $829 Mio. |
| 244 | Geron Corporation US3741631036 | 🇺🇸 US | $805 Mio. |
| 245 | Lexicon Pharmaceuticals, Inc. US5288723027 | 🇺🇸 US | $797 Mio. |
| 246 | Design Therapeutics, Inc. US25056L1035 | 🇺🇸 US | $771 Mio. |
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| 248 | Ginkgo Bioworks Holdings, Inc. US37611X2099 | 🇺🇸 US | $767 Mio. |
| 249 | Wave Life Sciences Ltd. US94352A1043 | 🇺🇸 US | $764 Mio. |
| 250 | Candel Therapeutics, Inc. US1374041093 | 🇺🇸 US | $755 Mio. |
| 251 | Gubra A/S DK0062266474 | 🇩🇰 DK | $736 Mio. |
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| 254 | Nxera Pharma Co., Ltd. JP3431300007 | 🇯🇵 JP | $706 Mio. |
| 255 | Abbisko Cayman Limited KYG0028A1085 | 🇨🇳 CN | $704 Mio. |
| 256 | Oneness Biotech Co., Ltd. TW0004743000 | 🇹🇼 TW | $703 Mio. |
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| 266 | Zevra Therapeutics, Inc. US4884452065 | 🇺🇸 US | $591 Mio. |
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| 270 | Aura Biosciences, Inc. US05153U1079 | 🇺🇸 US | $578 Mio. |
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| 283 | Sagimet Biosciences Inc. US7867001049 | 🇺🇸 US | $485 Mio. |
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| 288 | DiaMedica Therapeutics Inc. CA25253X2077 | 🇺🇸 US | $444 Mio. |
| 289 | Crescent Biopharma, Inc. KYG2545C1042 | 🇺🇸 US | $437 Mio. |
| 290 | Prothena Corporation plc IE00B91XRN20 | 🇺🇸 US | $436 Mio. |
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| 295 | AbClon Inc. KR7174900001 | 🇰🇷 KR | $412 Mio. |
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| 299 | Eikon Therapeutics, Inc. Common Stock US2825641036 | 🇺🇸 US | $397 Mio. |
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| 320 | Lexeo Therapeutics, Inc. Common Stock US52886X1072 | 🇺🇸 US | $302 Mio. |
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| 332 | Immuneering Corporation US45254E1073 | 🇺🇸 US | $263 Mio. |
| 333 | Prelude Therapeutics Incorporated US74065P1012 | 🇺🇸 US | $262 Mio. |
| 334 | Galectin Therapeutics Inc. US3632252025 | 🇺🇸 US | $257 Mio. |
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| 347 | Sionna Therapeutics, Inc. US8294011080 | 🇺🇸 US | $222 Mio. |
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| 352 | Alector, Inc. US0144421072 | 🇺🇸 US | $201 Mio. |
| 353 | Nkarta, Inc. US65487U1088 | 🇺🇸 US | $192 Mio. |
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| 356 | Zentalis Pharmaceuticals, Inc. US98943L1070 | 🇺🇸 US | $177 Mio. |
| 357 | Ovid Therapeutics Inc. US6904691010 | 🇺🇸 US | $175 Mio. |
| 358 | ADC Therapeutics S.A. CH0499880968 | 🇺🇸 US | $175 Mio. |
| 359 | Korro Bio, Inc. US5009461089 | 🇺🇸 US | $170 Mio. |
| 360 | Anavex Life Sciences Corp. US0327973006 | 🇺🇸 US | $166 Mio. |
| 361 | ALX Oncology Holdings Inc. US00166B1052 | 🇺🇸 US | $165 Mio. |
| 362 | Protara Therapeutics, Inc. US74365U1079 | 🇺🇸 US | $165 Mio. |
| 363 | Precision BioSciences, Inc. US74019P2074 | 🇺🇸 US | $163 Mio. |
| 364 | PepGen Inc. US7133171055 | 🇺🇸 US | $158 Mio. |
| 365 | Minerva Neurosciences, Inc. US6033802058 | 🇺🇸 US | $153 Mio. |
| 366 | Voyager Therapeutics, Inc. US92915B1061 | 🇺🇸 US | $148 Mio. |
| 367 | Tonix Pharmaceuticals Holding Corp. US8902608392 | 🇺🇸 US | $148 Mio. |
| 368 | Acumen Pharmaceuticals, Inc. US00509G2093 | 🇺🇸 US | $147 Mio. |
| 369 | Foghorn Therapeutics Inc. US3441741077 | 🇺🇸 US | $143 Mio. |
| 370 | Atrium Therapeutics, Inc. US04965N1046 | 🇺🇸 US | $134 Mio. |
| 371 | OnKure Therapeutics, Inc. US68277Q1058 | 🇺🇸 US | $128 Mio. |
| 372 | Codexis, Inc. US1920051067 | 🇺🇸 US | $124 Mio. |
| 373 | Caribou Biosciences, Inc. US1420381089 | 🇺🇸 US | $123 Mio. |
| 374 | Corbus Pharmaceuticals Holdings, Inc. US21833P3010 | 🇺🇸 US | $119 Mio. |
| 375 | Q32 Bio Inc. US7469641051 | 🇺🇸 US | $116 Mio. |
| 376 | Unicycive Therapeutics, Inc. US90466Y2028 | 🇺🇸 US | $114 Mio. |
| 377 | LENZ Therapeutics, Inc. US52635N1037 | 🇺🇸 US | $112 Mio. |
| 378 | Spruce Biosciences, Inc. US85209E2081 | 🇺🇸 US | $111 Mio. |
| 379 | NRx Pharmaceuticals, Inc. US6294442099 | 🇺🇸 US | $109 Mio. |
| 380 | Black Diamond Therapeutics, Inc. US09203E1055 | 🇺🇸 US | $108 Mio. |
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